Ethical Leadership at Clarivate

Aug 3, 2021 10:00 AM ET

Originally published in the Clarivate Annual Sustainability Report

"At Clarivate, we consider ESG to be a business imperative and integrated into our core strategy. The Board believes that it provides a window into our future, so we stay focused on related risks and opportunities, empower problem-solvers to tackle some of the world’s most complex challenges and generate measurable value in the process."

Jerre Stead, Clarivate Executive Chairman and CEO

At Clarivate, we believe our Board of Directors has an essential role to play as Environmental, Social and Governance (ESG) issues move to the top of corporate priorities.

With growing awareness, attention and action from investors, customers, and other stakeholders, our Board and Committees provide our leadership with much more than oversight and guidance.

They help galvanize us and drive real accountability to continually ‘do what is right’ when it comes to driving ESG. ESG issues have an expanding impact on our business strategy, risk management and performance so we’re committed to being ‘all in’ across Clarivate – in all regions, in every role and in every way we do business. They help galvanize us and drive real accountability to continually ‘do what is right’ when it comes to driving ESG. ESG issues have an expanding impact on our business strategy, risk management and performance so we’re committed to being ‘all in’ across Clarivate – in all regions, in every role and in every way we do business.

Independence

Our Board is composed of a majority of directors who qualify as independent directors as required under NYSE rules. Similarly, our Committees satisfy the enhanced independence criteria set out by NYSE.

Board meetings

The Board meets at least four times a year, and special meetings may be called from time to time as determined by the needs of our business. Our directors take their roles seriously as well as their responsibility to prepare for, attend and participate in meetings. Sustainability is now a topic of every Board meeting with dedicated oversight from the Nominating, Governance and Sustainability Committee which reports into the Board at each meeting.

Four standing committees

  • Audit Committee
  • Human Resources and Compensation Committee
  • Nominating, Governance and Sustainability Committee
  • Risk Committee

2021 goals

  1. ​Increase focus and investment in ESG by explicitly empowering the Nominating, Governance & Sustainability Committee of our Board of Directors with oversight of ESG matters and initiatives
  2. Increase transparency and disclosure of progress toward ESG and DEI goals at all levels of the business

Learn more in the Clarivate Annual Sustainability Report.